OFF MARKET

36/5 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 148m2
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Last updated 11 Nov 2024
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Property Details for 36/5 Canal Rd, Paynesville

36/5 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 148m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2001
Floor Size
83m2
Land Size
148m2
Local Government
East Gippsland
Lot/Plan
36/PS337286

Last Listing description (November 2023)

This property offers a wonderful opportunity to embrace a relaxed and comfortable lifestyle. This charming villa offers comfortable living and a range of amenities perfect for the over 55's or retires. The two good sized bedrooms have built in robes and ceiling fans, the bathroom has a separate toilet and a European laundry. Quality fixtures and fittings including split system heating and cooling complement the open plan kitchen, living and dining area. The kitchen has been recently modernized and includes a new upright electric stove, two drawer dishwasher and a double door storage pantry, all of which overlooks a beautiful sunny, north facing private courtyard. A small undercover area with sun blinds opens onto the garden with an arbor. Two small garden sheds offer extra storage. Call Wendy to arrange an inspection on 0467 032 010

Property Code: 268

Property History for 36/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$398,000
21 Sep 2023
  • 26 Sep 2023
    Listed for Sale $398,000
  • 21 Sep 2023
    Sold for $398,000
  • 18 Aug 2023
    Listed for Sale $398,000
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About Paynesville 3880

The size of Paynesville is approximately 7 square kilometres. It has 8 parks covering nearly 3.7% of total area. The population of Paynesville in 2011 was 3,236 people. By 2016 the population was 3,476 showing a population growth of 7.4% in the area during that time. The predominant age group in Paynesville is 60-69 years. Households in Paynesville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paynesville work in a professional occupation. In 2011, 72.3% of the homes in Paynesville were owner-occupied compared with 71.5% in 2016.

Paynesville has 3,107 properties. Over the last 5 years, Houses in Paynesville have seen a 49.15% increase in median value, while Units have seen a 44.12% increase. As at 31 October 2024:

  • The median value for Houses in Paynesville is $560,256 while the median value for Units is $352,705.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 90 properties listed for sale, and 9 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Paynesville.

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